Word: musts
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Dates: during 1930-1939
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Just what this broad promise meant became apparent last week as PWA Administrator Harold L. Ickes offered 21 municipalities a total of $9,527,995 to build plants of their own though they are already served by private utilities.* To receive these beneficences, the 21 municipalities, said Mr. Ickes. must "make 'reasonable efforts in good faith' to purchase the facilities with which the applicants would be in competition. . . ." Asked who would be the judge of such efforts, Public Works Administrator Ickes declared: "I don't know anyone better qualified to judge what is fair and reasonable than...
...price of wheat, last week 71?, falls below the 60? fixed figure, the Government must hold the wheat until the price rises. Thus it will be spending $100,000,000 or more to store the surplus, while foreign producers will have the world market to themselves by selling at the prevailing price. To insure the U. S. of a "fair share" of the world wheat business, Secretary Wallace would like the world's farmers to store their surplus wheat this year...
...Began an investigation of the investment policies of insurance companies. By the Securities Act of 1933, new security issues must be registered with SEC before sale unless the entire issue is to be sold to one buyer. With their huge cash resources, insurance companies habitually buy entire issues. Investment bankers estimate the total of such purchases as high as $1,500,000,000 a year. SEC Chairman William O. Douglas last week commented that this gave "insurance companies a preferred status over other investors." As a part of the current Monopoly Investigation, SEC will study the subject...
...Broadcasters are not required to make their selection only from performers already members of the union, but any new performers hired must join the union...
...BEAST MUST DIE-Nicholas Blake -Harper...